FAQs for I-CAMM Certification

1. What is the I-CAMM certification?

The International Certified AML Master (I-CAMM) certification is a globally recognized program designed to equip professionals with advanced knowledge and skills in Anti-Money Laundering (AML) compliance, KYC, and financial crime prevention.

2. Who should pursue the I-CAMM certification?

The certification is ideal for:

• AML Analysts
• Compliance Officers
• Risk Managers
• Auditors and Consultants
• Law Enforcement Professionals
  Anyone looking to excel in AML and financial compliance roles can benefit from this program.

3. What are the key benefits of earning the I-CAMM certification?

The benefits include:

• Enhanced career opportunities.
• Global recognition of your AML expertise.
• Practical skills through real-world case studies.
• Access to updated knowledge on financial crime trends and regulatory changes.

4. What topics are covered in the I-CAMM syllabus?

The syllabus includes:

• Money laundering methods and impacts.
• Trade-Based Money Laundering (TBML).
• KYC lifecycle and risk management.
• Global AML/KYC regulations and standards (FATF, Basel Committee, EU Directives).
• Red flags in financial crimes.
  For a detailed syllabus breakdown, refer to I-CAMM Syllabus.

5. What is the enrollment procedure for the I-CAMM certification?

The enrollment process involves:

• Paying the certification fee, which includes study materials, a practice assessment, and two exam attempts.
• If both attempts are unsuccessful, a $30 USD fee is required for an additional attempt.
• Completing the final exam to earn your certification.

6. How many attempts are allowed for the final exam?

Candidates are allowed two attempts to pass the exam. A third attempt requires an additional fee of $30 USD.

7. What are the exam details?

• Questions: 100 multiple-choice questions (MCQs).
• Duration: 90 minutes.
• Passing Score: 75%.
• Negative Marking: None.
• Results are displayed immediately after submission.

8. What happens after I pass the exam?

Upon successfully passing the exam, you can instantly download your certificate. You can also share it on LinkedIn or other social media platforms to showcase your achievement.

9. What sets I-CAMM apart from other AML certifications?

I-CAMM focuses on both theoretical knowledge and practical applications, including advanced CDD, dynamic risk assessments, real-world case studies, and emerging trends like virtual currencies and digital payment systems. It’s a well-rounded program for AML specialists.

10. How often is the I-CAMM content updated?

The certification materials are updated every three months to ensure alignment with the latest global regulations, trends, and best practices in AML compliance.

11. Is there any pre-requisite for enrolling in the I-CAMM certification?

No specific pre-requisite is required. Whether you are new to AML or an experienced professional, I-CAMM caters to a wide range of learners.

12. How long is the e-book provided for the certification?

The e-book provided as part of the I-CAMM certification contains approximately 240 pages, offering comprehensive insights into AML and KYC practices, global standards, and real-world case studies.

13. What is the difference between I-CAMM and IKYCA certifications?

The primary difference lies in their scope:

• I-CAMM: Covers both AML (Anti-Money Laundering) and KYC (Know Your Customer) topics comprehensively.
• IKYCA: Focuses exclusively on KYC processes and compliance.

14. How do I get started with the I-CAMM certification?

Visit the I-CAMM enrollment page to begin your journey. Complete the payment, access study materials, and schedule your exam.